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Deutsche Post to be asked by cartel office to clarify Transoflex market role

Deutsche Post World Net AG is to be asked by the German Cartel Office to clarify whether or not its parcel unit Transoflex holds a market dominant position, Financial Times Deutschland said, citing a cartel office spokesman. It said because of this development, it is very likely that Deutsche Post might have to divest its 24.8 pct stake in Transoflex.

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BUSINESS POST GROUP PLC AGM STATEMENT

At today’s Annual General Meeting, Neil Benson, Chairman, made the following comments:
“Trading in the first quarter of the current financial year has been in line with our expectations. Our service performance is at its highest level for over two years. Preparations for the start of the FedEx contract on 3 September are well advanced.

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Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

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